Used in organic electronics, particularly in the production of organic light-emitting diodes (OLEDs) and perovskite solar cells. It functions as a hole-transporting material due to its excellent charge-carrier mobility and thermal stability. Its derivative structure supports film-forming properties, making it suitable for use in thin-film devices. Commonly found in layered device architectures where efficient hole injection and suppression of electron leakage are required. Also explored in photovoltaic applications for improving device efficiency and stability under operational conditions.